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Sea otters eat constantly and one of their favorite snacks is the striped shore crab. Researchers found that the return of the crab-eating sea otters to a tidal estuary near Monterey, California, helped curb erosion. Hunting bans and habitat restoration efforts helped sea otters recover some of their former range. For the new study, researchers analyzed historic erosion rates dating back to the 1930s to assess the impact of sea otters' return. Other research has shown that sea otters help kelp forests regrow by controlling the number of sea urchins that munch kelp.

Persons: Brent Hughes, Hughes, Johan Eklöf, ”, Brian Silliman Organizations: WASHINGTON, Sonoma State University, Nature, Stockholm University, Duke University, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: California, Monterey , California, Elkhorn Slough, Alaska, Russia, Japan, Monterey, Stockholm

☆ H&M shares tumble 8% after weaker sales and surprise CEO exit
▼ + stars: | 2024-01-31 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

Shares of Swedish retailer H&M were down 8% at 09:05 a.m. London time on Wednesday, after the company announced weaker sales and the surprise departure of its chief executive. H&M sales were 1% lower for 2023 in local currencies, and 4% lower year-on-year in the fourth quarter. In an unexpected leadership shake-up at the H&M group, Helena Helmersson, who has been in the CEO role for four years, will be replaced by Daniel Ervér. "The H&M group is in a strong position, with a positive profitability trend and good conditions to make further improvements in 2024," group chair Karl-Johan Persson said. "Daniel is a competent, experienced and respected leader and has the qualities needed to continue to develop the H&M group."

Persons: Helena Helmersson, Daniel Ervér, Helmersson, Ervér, Karl, Johan Persson, Daniel Organizations: Oxford Street, Regent Locations: London, United Kingdom, Zara

☆ 'It's the quarter that differs': SEB CEO discuss fourth-quarter earnings
▼ + stars: | 2024-01-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'It's the quarter that differs': SEB CEO discuss fourth-quarter earningsJohan Torgeby, CEO of SEB, speaks to Silvia Amaro about the Swedish bank's latest earnings.

Persons: SEB, Johan Torgeby, Silvia Amaro Locations: Swedish

☆ Sweden Says Swedish National Arrested in Iran
▼ + stars: | 2024-01-15 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

(Reuters) - A Swedish man in his twenties was arrested in Iran earlier this month and is being held in custody, the Swedish foreign ministry said on Monday. However, relations between Sweden and Iran have been tense since 2019 when Sweden arrested a former Iranian official for his part in the mass execution and torture of political prisoners in the 1980s. The Foreign Ministry is in contact with relatives in Sweden," the ministry told Reuters in an email. Iran, in late December, said it would keep seeking the release of the former Iranian official sentenced to life in prison in Sweden. Earlier in December, Iran began the trial of a Swedish national, Johan Floderus, a European Union employee who has been imprisoned since April 2022.

Persons: Johan Floderus, Ulf Kristersson, Johannes Birkebaek, Christina Fincher Organizations: Reuters, Foreign, Iranian, European Union, Swedish Locations: Iran, Swedish, Sweden, Tehran, Israel

☆ Center-Left Sociologist to Take Office as Guatemala’s New President
▼ + stars: | 2024-01-14 | by ( Juan Montes | José De Córdoba | ) www.wsj.com time to read: 1 min

Bernardo Arévalo’s election victory has been upheld by Guatemala’s electoral court, and the U.S. government and Congress have backed the results. Photo: Johan Ordonez/Agence France-Presse/Getty ImagesBernardo Arévalo is set to take office Sunday as president of Guatemala with pledges to tackle the corruption and poverty that have fueled a wave of migration to the U.S., but an open confrontation with the country’s judiciary risks putting his plans in jeopardy. The 65-year-old center-left sociologist has been locked in a monthslong tussle for power with the country’s establishment since emerging as a surprise front-runner in last year’s election campaign. His win in August has been marked by allegations of fraud against him and his party leveled by Guatemalan Attorney General Consuelo Porras and several prosecutors.

Persons: Bernardo Arévalo’s, Johan Ordonez, Bernardo Arévalo, Consuelo Porras Organizations: U.S, Congress, Agence France, Getty, Guatemalan Locations: Guatemala, U.S

☆ Polestar Finance Chief Malmqvist Exits EV Startup
▼ + stars: | 2024-01-13 | by ( Will Feuer | ) www.wsj.com time to read: 1 min

Polestar has been grappling with soft sales of its electric vehicles. Photo: Justin Sullivan/Getty ImagesPolestar Chief Financial Officer Johan Malmqvist has departed the Swedish electric-vehicle startup, which recently received new financing from Volvo, its main backer. Malmqvist has served as financial chief since 2021. He previously served as finance chief of Dole, the food company.

Persons: Polestar, Justin Sullivan, Johan Malmqvist, Malmqvist, Dole Organizations: Volvo Locations: Swedish

☆ In the Dream Orchestra, many musicians never played an instrument before joining
▼ + stars: | 2024-01-13 | by ( Catherine E. Shoichet | ) edition.cnn.com time to read: +24 min

I think they thought I was crazy.”Many of the Dream Orchestra’s members had never played an instrument before they joined. Ron Davis Álvarez, Dream Orchestra founder and artistic directorThe small ensemble rehearsed on Fridays and Saturdays. He'd never played an instrument before joining the Dream Orchestra. Mushtaq Khorsand asked to join the Dream Orchestra after seeing how joyful his friends were during a performance. So if I wasn’t part of Dream Orchestra and (hadn’t) met Ron, I don’t where I would be,” he says.

Persons: Ron Davis Álvarez, He’d, ” Álvarez, hadn’t, they’d, Álvarez, Venezuela’s, he’d, It’s, Gustavo Bandres, “, Mostafa, ” Kazemi, Kazemi, —, –, Mostafa Kazemi, He'd, ”, Ron, Mushtaq Khorsand, ” Khorsand, Khorsand, He's, Rey, He’s, he’s, Carlos Medrano y Ritmos Ciganos Carlos Garcia, isn’t, it’s, Johan Nilsson, Tymofii Slakva, Tim, Slakva, ” Slakva, Azra Avci, Andrea Spehar, Anna Svanberg, they’ve, ‘, hasn’t, Scheherazade, Richard Meyer Organizations: CNN, Volunteers, El, El Sistema, Sistema, Orchestra, Dream Orchestra, Dream, Gothenburg Symphony, Training, YouTube, University of Gothenburg, ” Locations: Stockholm, Venezuelan, Sweden, Syria, Afghanistan, El Sistema Sweden, Gothenburg, It’s, El, Caracas, Eritrea, Albania, Malmo, Swedish, Ukraine, France, Álvarez, United Kingdom, Lebanon

☆ Vietnamese companies eye the U.S. IPO market amid a lull in Chinese listings
▼ + stars: | 2023-12-06 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

While not strictly an IPO, the listing was soon followed by Vietnamese tech unicorn VNG's filing to list on the Nasdaq. As local companies grow, "they are outgrowing the ability of those markets to provide the capital that they need," said Drew Bernstein, co-chairman of accounting firm MarcumAsia. Since the fallout over Didi in the summer of 2021, regulation and a tepid U.S. IPO market have stalled most Chinese listing plans. She said given the success of Southeast Asian ride-hailing company Grab , more Vietnamese companies are starting to look beyond the domestic market to regional business. George Chan, global IPO leader at EY, expects "a lot" of companies from Southeast Asia will reach the IPO stage in the next 12 to 18 months, and might also consider the Hong Kong exchange.

Persons: Scott Mlyn, VinFast, Johan Annell, VNG, Drew Bernstein, It's, Bernstein, who'd he'd, Didi, Gary Dvorchak, Blueshirt, Nguyen Nguyen, Vu Van, ELSA, Van, George Chan Organizations: New York Auto Show, CNBC BEIJING, U.S, Spade, Nasdaq, ARC Group, China -, Renaissance Capital, Investor, CNBC, World Bank, Southeast Asia — Locations: Asia, U.S, Vietnam, Beijing, Cayman Islands, Malaysia, China, China - U.S, Thailand, Indonesia, Singapore, Southeast Asia, Hong Kong

☆ Danish dockworkers join Swedish strike action against Tesla
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: +1 min

A view shows the ship Malacca Highway at shore as port workers are blocking the loading of Tesla vehicles, in Malmo, Sweden, November 7, 2023. Johan Nilsson/TT News Agency/via REUTERS/File Photo Acquire Licensing RightsHELSINKI, Dec 5 (Reuters) - Denmark's 3F labour union said on Tuesday it will support Swedish mechanics in their strike action against Tesla (TSLA.O), and will refuse to unload or transport cars made by the U.S. auto company for customers in Sweden. "Like the companies, the trade union movement is global in the fight to protect workers," 3F Chair Jan Villadsen said in a statement, adding that Sweden's IF Metall union had asked 3F to help. The strike by Danish dockworkers and lorry drivers only affects cars that are meant for the Swedish market, the union said. Swedish labour groups have been taking industrial action against Tesla since October in a bid to force the car manufacturer to sign collective bargaining agreements with mechanics.

Persons: Johan Nilsson, Jan Villadsen, Tesla, Essi Lehto, Terje Solsvik Organizations: TT, Agency, Rights, U.S, IF Metall, Thomson Locations: Malacca, Malmo, Sweden, Swedish, Danish

☆ Time to say 'the F-words'? A fossil fuel fight takes center stage at the COP28 climate summit
▼ + stars: | 2023-12-04 | by ( Sam Meredith | ) www.cnbc.com time to read: +5 min

Sultan al-Jaber, president of the UNFCCC COP28 climate conference, speaks during day two of the summit on Dec. 2, 2023 in Dubai, United Arab Emirates. Sean Gallup | Getty Images News | Getty ImagesDubai, UNITED ARAB EMIRATES — A fight over the future of fossil fuels has been thrust into the global spotlight at the COP28 climate summit. "Unabated" fossil fuels are largely understood to be produced and used without substantial reductions in the amount of emitted greenhouse gases. "[It is] important to say that more fossil fuels equal more loss and damage, so these two issues are actually quite intertwined." Notably, at last year's COP27 conference in Egypt, more than 80 countries supported a fossil fuel phase-out commitment in the final agreement.

Persons: Sultan al, Jaber, Sean Gallup, Johan Rockstrom, There's, Darren Woods, Catherine Abreu, Abreu Organizations: Getty, Getty Images, UNITED, EMIRATES, Potsdam Institute, Climate, Climate Impact Research, CNBC, AG, United Arab, Oil, Exxon Mobil Locations: Dubai, United Arab Emirates, Getty Images Dubai, COP28, Salzgitter, Germany, Russia, Egypt

☆ I scored a VIP package to see Taylor Swift in Amsterdam for $440 — about half of what I paid for nosebleed seats in the US
▼ + stars: | 2023-11-29 | by ( Ashley Olsen | ) www.businessinsider.com time to read: +4 min

When I attended The Eras Tour in the US in May, I paid about $800 for my nosebleed seat. Later, my best friend and I bought VIP packages at $440 each to see The Eras Tour in Amsterdam. AdvertisementMy best friend and I have been Swifties for years, so we were ecstatic when Taylor Swift announced The Eras Tour. So, this time, I was determined to make it to The Eras Tour. Though adding Amsterdam to our travel plans creates some extra costs, I know going to The Eras Tour again will be worth it.

Persons: —, Taylor Swift, I'd, haven't, Ashley Olsen, Swift, we'd, Dutch Swiftie, Amsterdam's Johan Cruijff, We're Organizations: Service, MetLife, Ticketmaster, London Locations: Amsterdam, New Jersey, Spain, Italy, Paris, London, Dutch, Europe, New York City, England

☆ EasyJet is on track to deliver strong shareholder returns, CEO says
▼ + stars: | 2023-11-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEasyJet is on track to deliver strong shareholder returns, CEO saysJohan Lundgren, CEO of easyJet, predicts that consumers will spend more on holidays in 2024 than they did this year.

Persons: Johan Lundgren

The world is heading for considerably less warming than projected a decade ago, but that good news is overwhelmed by much more pain from current climate change than scientists anticipated, experts said. Even though emissions of heat-trapping gases are still rising every year, they’re rising more slowly than projected from 2000 to 2015. “It requires the tearing out the poisoned root of the climate crisis: fossil fuels,” said United Nations Secretary-General Antonio Guterres. Guterres, numerous climate scientists and environmental activists all say what’s needed is a phase-out — or at the very least a phase-down — of coal, oil and gas. “This is throwing the global energy transition and humanity’s future into question.”___Read more of AP’s climate coverage at http://www.apnews.com/climate-and-environment.

Persons: That’s, It’s, ”, Niklas Hohne, Bill Hare, Rob Jackson, Ani Dasgupta, ” Dasgupta, Hare, Anne Olhoff, “, ” Jackson, Melanie Robinson, that’s, Johan Rockstrom, Antonio Guterres, Sultan al, Jaber, Greta Thunberg, Adnan Amir, ’ ’, Majid Al Suwaidi, we’ve, Institute’s Hohne, Al Jaber, ” Hohne, Dasgupta, can’t, Inger Andersen, ” ___ Read, Seth Borenstein Organizations: United Nations, United Nations Environment, NewClimate, Stanford University, Project, Resources, UNEP, World Resources Institute, Potsdam Institute, Climate Research, Center for Biological Diversity, Biden Administration, Twitter, AP Locations: Dubai, Paris, Europe, Pakistan, Libya, Arab Emirates, ”, al, greenwashing, Russia, Ukraine

☆ 11 people died and 75 were injured after an elevator plunged 650 feet at a platinum mine
▼ + stars: | 2023-11-28 | by ( Associated Press | ) www.businessinsider.com time to read: +2 min

11 miners were killed and 75 were injured when an elevator plunged 650 feet at a platinum mine. All 86 people were being brought to the surface when the elevator suddenly plunged. AdvertisementJOHANNESBURG (AP) — An elevator suddenly dropped about 650 feet (200 meters) while carrying workers to the surface in a platinum mine in South Africa, killing 11 and injuring 75, the mine operator said Tuesday. The injured workers were hospitalized. Theron said the elevator dropped about 650 feet (200 meters) down the shaft in what was a highly unusual accident.

Persons: —, Nico Muller, Johan Theron, Theron Organizations: Service, Impala Platinum Holdings Locations: Rustenburg, South Africa, JOHANNESBURG, South

☆ He wanted to be a trombone player. Instead, he ended up as CEO of one of the world's biggest airlines.
▼ + stars: | 2023-11-26 | by ( Chris Johnston | ) www.businessinsider.com time to read: +8 min

He's been CEO of European airline easyJet for the past six years. AdvertisementIn a parallel universe, Johan Lundgren would have become a professional musician and never ended up as CEO of one of the world's biggest airlines. "I like people, and I like travel," Lundgren tells Business Insider in a faint Swedish accent during an interview in central London. He spent many years at TUI, one of Europe's biggest travel companies, rising to deputy CEO by the time he left in 2015. AdvertisementIt's the UK's biggest airline and is first or second in many other markets too.

Persons: Johan Lundgren, He's, Lundgren, —, Swede, easyJet, Charles de Gaulle, Charles de, It's, I've, didn't, Bob Jordan, EasyJet, Stelios Stelios Haji, he's, that's, Michael O'Leary, Filipo Monteforte, Ryanair's Michael O'Leary, O'Leary Organizations: easyJet, Service, Royal College of Music, Soviet Union, SAS, Southwest Airlines, Ryanair, British Airways, London Gatwick, Southwest, UK's, Airbus, Getty Locations: Britain, London, Stockholm, Leningrad, Russia, Soviet Union, Soviet, TUI, Majorca, Europe, Charles, Paris, Charles de Gaulle, easyJet, Ukraine, Sweden, Canada, Toronto, AFP

More than 10 intelligence and police officials in five European countries including Britain, Germany and France told Reuters they are increasing surveillance of Islamist militants. A British security official said the war in Gaza was likely to become the biggest recruiter for Islamist militants since the Iraq war in 2003, and that calls for attacks on Jewish and Western targets had risen in Europe. Two Islamist militant attacks in France and Belgium last month killed three people, and these two countries, Austria, Slovenia and Bosnia-Herzegovina have raised their terrorism threat alert levels. LONE WOLVESSecurity officials say the main danger for Europe is probably from attacks by "lone wolves" — assailants who are radicalised, often online, but have no formal links to more established groups. Although a truce has come into effect in Gaza, both sides have said the war is far from over.

Persons: Gonzalo Fuentes, radicalised, Mark Rowley, al, Jochen Kopelke, It's, Kopelke, Israel, Peter Knoope, Knoope, Iman Atta, Germany's Kopelke, influencers, Europol, Thomas Renard, Juliette Jabkhiro, Angelo Amante, Johan Ahlander, Phil Blenkinsop, Timothy Organizations: REUTERS, Reuters, London, British, Islamic State, Islamic, WOLVES Security, Hamas, Dutch National, International Centre for, Timothy Heritage, Thomson Locations: Paris, France, BERLIN, Israel, Britain, Germany, Russia, China, Iran, Gaza, Iraq, Europe, Belgium, Austria, Slovenia, Bosnia, Herzegovina, Italy, al Qaeda, Islamic State, Qaeda, Afghanistan, Syria, United States, British, al, West

☆ Swedish union blocks Tesla components as dispute intensifies
▼ + stars: | 2023-11-24 | by ( ) www.reuters.com time to read: +3 min

Around 50 workers that make specialized Tesla components at Hydro Extrusions, a subsidiary of Norwegian aluminium and energy company Hydro, will either stay at home or be given other tasks from Friday until further notice, the IF Metall union said. IF Metall, Sweden's biggest manufacturing union, is locked in a fight with Tesla to get a collective bargaining agreement for its 130 mechanics in Sweden. The U.S. carmaker has a policy to not sign collective bargaining agreements and says its employees have as good or better terms than what the Swedish union is demanding. The union says it is vital to the Swedish labour market model that all companies have collective agreements. Around 90% of all employees in Sweden are covered by collective bargaining agreements, which regulates wages, vacation, overtime pay and other conditions.

Persons: Veli, Pekka Saikkala, Tesla, Metall, Saikkala, carmaker, Torbjorn Johansson, Elon, Johansson, Johan Ahlander, Marie, Victoria Waldersee, Susan Fenton Organizations: Tesla, Hydro Extrusions, Hydro, IF Metall, Metall, LO, Marie Mannes, Thomson Locations: Berlin, Europe, Sweden, U.S, Stockholm, Victoria

☆ London’s Luxury Home Market Has Been Dragging for Years. These Sellers Are Diving In Anyway.
▼ + stars: | 2023-11-23 | by ( Ruth Bloomfield | ) www.wsj.com time to read: 1 min

Lesley and Johan Denekamp are keenly aware that now isn’t a great time to be selling real estate in central London. Nonetheless, in September, they went ahead and listed their 3,800-square-foot townhouse with Knight Frank, for $5 million. The couple are sick of waiting, having already sat out Brexit and the pandemic. “We don’t think we are going to live forever, and four million pounds is a lot of money to have tied up in a house we don’t really need,” said Johan Denekamp.

Persons: Lesley, Johan Denekamp, Knight Frank, ” Locations: London

☆ London’s Luxury Home Market Has Been Dragging for Years. These Sellers Are Diving in Anyway.
▼ + stars: | 2023-11-23 | by ( Ruth Bloomfield | ) www.wsj.com time to read: 1 min

Persons: Lesley, Johan Denekamp, Knight Frank, ” Locations: London

☆ London’s Luxury Home Market Has Been Dragging for Years. These Sellers Are Diving in Anyway
▼ + stars: | 2023-11-23 | by ( Ruth Bloomfield | ) www.wsj.com time to read: 1 min

Persons: Lesley, Johan Denekamp, Knight Frank, ” Locations: London

☆ Union pressure on Tesla grows in Sweden as dockworkers expand strike
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +3 min

A view shows the ship Malacca Highway at shore as port workers are blocking the loading of Tesla vehicles, in Malmo, Sweden, November 7, 2023. Dockworkers joined the strike by mechanics on Nov. 7, blocking Sweden's four largest ports to Tesla cars. So far, unions in the United States and Germany have failed to force the company to accept collective bargaining agreements. In addition to dockworkers, unionised cleaners are refusing to clean Tesla buildings and postal workers have stopped delivering mail. In the 1990s, American toy company Toys "R" Us signed a collective bargaining agreement with its 130 Swedish employees after a three month strike.

Persons: Johan Nilsson, Tesla, Elon Musk, Dockworkers, Musk, Torbjorn Johansson, Norway's Fellesforbundet, Marie Mannes, Louise Rasmussen, Johan Ahlander, Johannes Birkebaek, Simon Johnson, Mark Potter Organizations: TT, Agency, Rights, U.S, Swedish, IF Metall, Hydro Extrusions, Hydro, Thomson Locations: Malacca, Malmo, Sweden, Rights STOCKHOLM, Dockworkers, United States, Germany, American

☆ Tesla's problems in Sweden are getting worse as dockworkers refuse to unload its EVs from ships
▼ + stars: | 2023-11-17 | by ( Polly Thompson | ) www.businessinsider.com time to read: +4 min

The mechanics' trade union is ramping up efforts after talks stalled again this week. AdvertisementThe labor dispute over Tesla's refusal to sign a collective wage agreement in Sweden has escalated into a dramatic labor battle. Unions representing multiple industries announced this week that they would join the strike in solidarity with IF Metall, the Tesla mechanics' trade union. The cleaners were joining the labor action "simply because the [IF] Metall Workers Trade Union asked us to," ombudsman Torbjörn Jonsson told Wired. In Germany, the largest labor union secured a 4% pay rise for 11,000 staff at Teslas Berlin Gigafactory.

Persons: Tesla, —, it's, who've, JOHAN NILSSON, Getty, Torbjörn Jonsson, IG Metall Organizations: Service, IF Metall, Metall, Workers, Union, Tesla, Wired, Metall Workers Trade Union, Teslas Berlin Locations: Sweden, Swedish, Malmo, Germany, Grünheide

☆ Barcelona Femení: Reigning champion defeats Benfica 5-0 to kick off Women’s Champions League campaign
▼ + stars: | 2023-11-15 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +3 min

CNN —Barcelona Femení kicked off its defense of its Women’s Champions League crown in style, defeating Benfica 5-0 at the Johan Cruyff Stadium. Barcelona dominated throughout and rarely looked troubled: it had 60% possession and attempted 20 shots, compared to Benfica’s five, according to UEFA. Not everything was positive on the night for Barça as two-time Ballon d'Or winner Alexia Putellas appeared to suffer a knee injury. Oshoala's incredible effort capped off a comfortable night for the two-time Women's Champions League winners. David Ramos/Getty Images“It’s good to start the season of the Champions League like this with our people here and scoring five goals,” Bonmatí told DAZN after the final whistle.

Persons: CNN — Barcelona Femení, Johan Cruyff, Alexia Putellas, Aitana, Asisat Oshoala, – Barça, Cata Coll, Caroline Graham Hansen, Putellas, Bonmatí, Lena Pauels, Ballon, David Ramos, “, ”, Jonatan Giráldez, Oshoala, Pauels, ” Bonmatí, DAZN, Rosengård Organizations: CNN — Barcelona, Champions League, Benfica, –, Barcelona, UEFA, Getty, Putellas, ”, Eintracht Frankfurt Locations: Europe, Barcelona, DAZN, Nigerian, ” Barcelona, Sweden

☆ Tesla faces pressure in Sweden as workers at supplier to strike
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: +2 min

Tesla has no manufacturing plant in Sweden but its electric cars are serviced at workshops across the country, where around 130 mechanics affiliated with Swedish union IF Metall began a strike on Oct. 27. Hydro Extrusions's Vetlanda plant makes aluminium profiles - aluminium alloys transformed into shapes, and is the first Tesla supplier in Sweden to down tools in support of the mechanics' strike. The carmaker told IF Metall on Nov. 6 it did not want to sign a collective agreement, the union said. "We want Tesla Sweden to sign a collective agreement... We want this conflict to be as brief and short as possible," IF Metall spokesperson Jesper Pettersson said. German unions have pressured the carmaker to implement a similar agreement for its 11,000 workers in Gruenheide, near Berlin.

Persons: Tyrone Siu, Tesla, Jesper Pettersson, Marie Mannes, Victoria Waldersee, Johan Ahlander, Emelia Sithole Organizations: Tesla, REUTERS, Rights, U.S, Swedish, IF Metall, dockworkers, Hydro Extrusions, Hydro, IF, Thomson Locations: Taipei, Taiwan, Rights STOCKHOLM, Sweden, Vetlanda, Gruenheide, Berlin

The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. Following the data, yields on short-term UK Gilts, reflecting near-term interest rate expectations, slid, aiding a 7.0% surge in rate sensitive real estate investment trusts (.FTNMX351020). "It may well be due to potential sentiment coming ahead of tomorrow's UK CPI data, with the hope that it comes in lower as well," said Christopher Peters, trading floor manager at Accendo Markets. UK October CPI data, due on Wednesday, could throw further light on the outlook for domestic monetary policy. Reporting by Khushi Singh and Johan M Cherian in Bengaluru; Editing by Sherry Jacob-Phillips and Alex RichardsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Toby Melville, Christopher Peters, Jefferies, Tim Clark, Khushi Singh, Johan M Cherian, Sherry Jacob, Phillips, Alex Richardson Organizations: London Stock Exchange Group, City of, REUTERS, Vodafone, Federal, tomorrow's, Accendo Markets, Investors, Entain, Royce, Emirates, Thomson Locations: City, City of London, Britain, Teck, U.S, Italy, Bengaluru

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